The new Jharkhand Cabinet is set to be sworn in at the Raj Bhawan on Thursday, December 5, with the ceremony scheduled for 12.30 pm. Governor Santosh Gangwar will administer the oath of office and secrecy to 11 ministers expected to join the JMM-led coalition government. The swearing-in comes exactly a week after Chief Minister
Airport lounge access is no longer a luxury reserved for a few. With the right credit card, you can enjoy the comfort of lounges across India and beyond. You must remember that not all credit cards offer unlimited lounge access. Many have restrictions. For example, some cards only allow a limited number of visits each
Western Carriers India Ltd (WCIL), a 3PL and 4PL logistic company, specializing in rail-focused supply chain solutions, on Friday announced that it has bagged a material handling order worth Rs 139 crore from Vedanta Ltd. The order, it said, entails the Import, Finished Goods Domestic and Export Material Handling Contract at Jharsuguda Plant. The total
Delta Autocorp, a company operating in the field of manufacturing and selling of 2-wheelers and 3-wheeler EV is set to launch its public issue on January 7, 2025. The issue will be opened for subscription for a three day period and will close its bidding window on January 9, 2025. Delta Autocorp IPO – GMP
Go to Live UpdatesIndo Farm Equipment IPO Allotment Status Live: The IPO’s allotment status can be checked online on the registrar’s, NSE, and BSE websites. The IPO subscribed to a total of 227.67 times. The retail buyers booked the issue 101.79 times while the NIIs subscribed to the issue 501.75 times. Indo Farm Equipment raised
Gold prices in India are shaped more by global trading trends than by local demand and supply, with markets like London OTC and COMEX playing a key role. Gold and silver rates today, January 3 The 24-carat gold rate in India was Rs 78,340 per 10 grams on January 3. The rate for 24-carat gold
Indo Farm Equipment IPO, with a price band set between the range of Rs 204 to Rs 215, ran its public issue from December 31, 2024 to January 2, 2025. A mainboard issue, Indo Farm Equipment IPO allotment of shares after the closure of its three-days bidding window is likely to be finalised today, January
Technichem Organics, opened its public issue on December 31, 2024 and ended its three day subscription window on January 2, 2025. A BSE SME issue, Technichem Organics IPO’s price band was set between the range of Rs 52 to Rs 55 per share. The allotment of shares of Technichem Organics is set to be finalised
Infosys is likely to report muted earnings in the quarter ended December due to seasonal challenges. While revenue growth is expected to remain modest on a sequential basis, net profit is likely to see a slight increase. Analysts also anticipate a potential upward revision in the company’s revenue guidance for fiscal 2025. According to average
Fast-food chains in India are expected to feel the pressure of an ongoing economic slowdown in Q3FY25, as consumers continue to cut back on discretionary spending, particularly in urban areas, according to analysts. Despite the festive October-December quarter being crucial for quick-service restaurants (QSRs), Bernstein highlights hat high food inflation and low real wage growth
Wonderchef, the kitchen appliance brand backed by celebrity chef Sanjeev Kapoor, has turned profitable in FY24, reporting a net profit of Rs 1.5 crore, according to data from the Registrar of Companies (RoC). It was against a total loss of Rs 51.8 crore in FY23. Ravi Saxena, managing director of Wonderchef, told FE that the
Domestic debt fund managers have increased their exposure to state development loans (SDLs), as they fetch them higher yields compared with central government bonds and corporate bonds, said debt fund managers. In fact, some are even swapping central government securities with these bonds. SDLs are bonds issued by state governments to fund their fiscal deficit.
BrightNight, a renewable power producer, on Tuesday announced that it has commissioned the first phase of its 115 MW hybrid renewable power project, Optima Maharashtra, in Dharashiv, Southern Maharashtra. This is one of the state’s first co-located wind-solar projects. Spanning around 500 acres, Optima Maharashtra integrates advanced wind and solar technologies, powered by BrightNight’s proprietary
